Financial Aid Application Worksheet
2019-2020 School Year
1
Completing the application online is easy, fast and secure.
Visit http://www.mytads.com/ to start the application.
This is a worksheet to help you prepare to fill out the TADS Financial Aid Application and WILL NOT be accepted as an application.
You will need the following supporting documentation before you begin:
• Most recently filed federal taxes
• Most Recent W-2’s received by all Parents/Guardians listed on application
• Recent pay stubs of jobs that Parents/Guardians currently hold
• All documentation that establishes how much miscellaneous monthly or yearly income you
currently receive (i.e. welfare, food stamps, unemployment, workers’ compensation)
• All corporate, partnership and trust tax forms, if a Parent/Guardian owns 20% or more interest
in a corporation or partnership or if any member of the household owns 20% or more interest in a trust
• Other documentation (recent utility bills, daycare expense, etc.,) may be required
SECTION 3 List all jobs held by Parent(s)/Guardian(s) since January 1, 2018, even if no longer at this job
If Parents/Guardians have held more than four jobs since January 1, 2018, please see your financial aid administrator for an addendum.
If a Parent/Guardian only received a Form 1099, enter that in Section 4.
4. 2018Wages,Tips, Other Compensation: This value can be found in Box 1 of your 2018W-2. If you do not have your 2018W-2 yet, use the year-to-date
total off of your last December 2018 paycheck. You may fax the W-2 in later as long as it is before the application deadline.
5. 2019 Estimated Wages,Tips, Other Compensation for this job: If you estimate that your 2019 income from a job will be lower than 2018 income,
please attach an explanation of why you believe that will happen.
2. Employer
4. 2018 Wages,Tips, Other Compensation
5. 2019 Estimated Wages, Tips, Other
Compensation
SECTION 4 List Business, Farm, Corporation, Partnership, Trust and Miscellaneous Income since January 1, 2018
Complete this section even if the business recently closed, or has just opened. Find your relevant tax form below and enter the corresponding line
5. 2018 Actual Net Profit
number values for each field on the application. For example: If you filed Form 1065 because you are involved in a Partnership, you should find
‘Partnership - Form 1065’in the section below. You will then notice that there are two numbers, 5. and 6. Listed after each number is the action
6. 2018 Actual Depreciation
you need to take for that item. Continuing with the Partnership example, you would look at 5. and notice that it says‘Line 22’. Find Line 22 on the
Partnership Form 1065 and enter that number into 5. 2018 Actual Net Profit on this application. You are required to submit all tax documentation,
profit and loss statements and balance sheets along with your application.
7. 2019 Estimated Net Profit
Group 2: An additional processing fee is required if you submitted
Group 1: No additional fee is required if you submitted tax
tax documentation to the federal government for the following group
documentation to the federal government for the following group:
(see School Directions for fee information):
Miscellaneous Income - Form 1099: 5. Line 7, 6. Leave blank
Corporation (Short Form) - Form 1120-A: 5. Line 26, 6. Line 20c
Profit/Loss from Business - Schedule C: 5. Line 31, 6. Line 13
Corporation - Form 1120: 5. Line 30, 6. Line 20
Profit/Loss from Business - Schedule C-EZ: 5. Line 3, 6. Leave blank
S Corporation - Form 1120S: 5. Line 21, 6. Line 14c
Profit/Loss from Farm - Schedule F: 5. Line 34, 6. Line 14
Estates and Trusts - Form 1041: 5. Line 22, 6. Leave blank
Partnership - Form 1065: 5. Line 22, 6. Line 16c
SECTION 5 Other Monthly Income
1. Welfare Income
Monthly Social Security for:
3. Parent(s)/Guardian(s)
Monthly Average Amount Received for:
6. Child Support
Miscellaneous Monthly Income:
8. Taxable
2. Food Stamps
4. Dependents under 19
7. Alimony
9. Non-Taxable
5. Elderly Dependents
This is a worksheet to help prepare you to fill out the TADS Financial Aid application and will not be
accepted by TADS as an application. Do not send this form to TADS or your school.
© TADS, 110 N 5th St., Second Floor, Minneapolis, MN 55403. Visit us on the web at: http://www.mytads.com/
SECTION 6 Other Yearly Income
1. 2018 Interest & Dividends: This value
is found by adding lines 8a, 8b and 9a on your
1040 tax return form.
6. and 7. Include any income that is not
accounted for elsewhere on this application.
1. 2018 Interest & Dividends
Yearly Workers’ Compensation
2. Actual 2018
Yearly Unemployment
4. Actual 2018
Miscellaneous Yearly Income
6. 2018 Lump Sum
5. Estimated 2019
7. Recurring Yearly
2
3. Estimated 2019
SECTION 7 If You Pay Rent
Enter the amount you pay for rent alone; do
not include utility expenses unless they are
built in to your monthly rental payments.
SECTION 8 Yearly Energy Expenses (renters and homeowners)
1. Monthly Rent
2. Yearly Renters’Insurance
If you rent, do not include these expenses
if they are already included in monthly
rental payments. Homeowners should
report expenses.
1. Electricity
2. Gas, Oil, Coal
3. Water, Sewage
SECTION 9 Assets and Expenses – Home
Fill out this section if you are a homeowner.
4. Current Market Value: If you have not had a
recent appraisal on your property, use the most
recent Real Estate Tax Assessment.
5. Amount Owed on Home Loans/Mortgages:
Make sure to include any second mortgages
in this figure.
10. 2018 Rental Income: Include rent or
mortgage contributions from others living
in home.
1. Year of Purchase
2. Purchase Price
3. Improvements/Additions
5. Amount Owed on
Home Loans/Mortgages
6. Monthly Mortgage Payment
8. 2018 Home Insurance
10. 2018 Rental Income
(if not a single family dwelling)
7. 2018 Property Tax
11. 2018 Rental Expenses
(if not a single family dwelling)
1. Number of Properties
5. Amount Owed for all Properties
2. Purchase Price of all Properties
6. Total Monthly Loan/Mortgage Payment
3. Cost of Improvements/Additions
7. 2018 Gross Property Income
4. Current Market Value
8. 2018 Gross Property Expenses
Information for vehicles that you own
1. # of Vehicles
Information for vehicles that you lease
4. # of Vehicles
6. Yearly Insurance Cost for All Vehicles
2. Total Current Market Value
5. Total Monthly Lease
4. Current Market Value
SECTION 10 Assets and Expenses – Real Estate other than Home
Fill out this section if you own any other
properties in addition to your home,
including rental properties, land, etc.
4. Current Market Value: If you have not had
recent appraisals done on yourproperties, use
the most recent Real Estate Tax Assessments.
6. Total Monthly Loan/Mortgage Payment:
List total monthly mortgage or loan payments
for all properties other than home.
7. 2018 Gross Property Income: List the
total yearly gross income for properties other
than home.
8. 2018 Gross Property Expenses: List total
expenses for properties. Do not include
principal paid on loan or mortgage amounts.
SECTION 11 Assets and Debt – Automobiles
Please enter market value and current debt for
the vehicles that you own in items 1., 2. and
3., and requested information for the vehicles
that you are leasing in 4. and 5.
6. YearlyTotal of Vehicle Insurance Cost:
Please enter the yearly cost of insurance for
all vehicles that you either own or lease.
3. Total Debt
This is a worksheet to help prepare you to fill out the TADS Financial Aid application and will not be
accepted by TADS as an application. Do not send this form to TADS or your school.
3
Financial Aid Application Worksheet
2019-2020 School Year
SECTION 12 Assets – Recreational Vehicles/Boats
1. Value: Include market value for all recreational vehicles that you own. A few examples
of recreational vehicles are: Motor homes,
boats, motorcycles, all terrain vehicles, personal
watercrafts, snowmobiles and dune buggies.
2. Debt: Please list amount you owe for all
of the recreational vehicles that you own.
SECTION 13 Assets – Cash, Stocks, etc.
1. Checking, Savings, Cash, CD’s:
List current value of these accounts,
along with cash on hand.
2. Stocks, Securities, Bonds, Mutual Funds:
List current value of these accounts.
1. Value
2. Debt
1. Checking, Savings, Cash, CD’s
2. Stocks, Securities, Bonds, Mutual Funds
SECTION 14 Assets – Retirement Plans
1. 2018 Contribution – Household: Enter the total amount that
Parents/Guardians contributed towards these funds during 2018.
If year 2018 contributions are still pending, please estimate total.
2. 2018 Contribution – Employer: Enter the total amount that
employers of Parents/Guardians contributed toward these funds
during 2018. If year 2018 contributions are still pending, please
estimate total.
3. Current Total Value: Enter the total amount that these funds
are worth. This value is not just the sum of 1. and 2., but rather
the total worth of the funds from a recent statement. If year
2018 contributions are still pending, please estimate total.
1. 2018 Contribution–Household
Self Managed (IRA, SEP, etc.):
2. 2018 Contribution–Employer
Self Managed (IRA, SEP, etc.):
Other Managed (401k, etc.):
Other Managed (401k, etc.):
3. Total Current Value
Self Managed (IRA, SEP, etc.):
Other Managed (401k, etc.):
SECTION 15 Medical Expenses
1. Medical/Dental and 2. Prescription Drugs: List only
out-of-pocket expenses that will not be, or have not been
covered by insurance. Include co-pay amounts here.
3. Annual Insurance Premiums: If you pay insurance
premiums, list the corresponding amounts here.
Please list the total amount you pay in a year.
1. Payments Made in 2018
Medical/Dental
2. Current Medical Debt
Medical/Dental
Prescription Drugs
Prescription Drugs
Prescription Eyewear
Prescription Eyewear
3. Annual Insurance Premiums
Medical/Dental
Prescription Drugs
Prescription Eyewear
SECTION 16 Alimony and Child Support Payments
2. Child Support Paid to Others in 2018
3. Estimated Support Payments in 2019
4. Alimony Paid to Others in 2018
5. Estimated Alimony Payments in 2019
SECTION 17 Day Care and/or Elderly Care Expenses (include summer camp expenses)
Do not include pre-kindergarten, as this is
considered a school expense which should
be listed in Section 22.
1. Dependent Name
3. 2018 Payments
4. Estimated 2019 Payments
SECTION 18 Charitable Giving (list your three largest contributions)
If you made tax deductible donations to
non-profit organizations in 2018, list the
three organizations you donated the most
to and the amount of those donations.
1. Charity Name
4. 2018 Contributions
This is a worksheet to help prepare you to fill out the TADS Financial Aid application and will not be
accepted by TADS as an application. Do not send this form to TADS or your school.
SECTION 19 Miscellaneous Debt (do not list debt on home or property, medical debt, debt for cars, boats, or other vehicles)
List the total outstanding dollar amount in each item. Do not 1. Credit Card
include medical debt, vehicle debt, home loans, second mortgages
or home equity loans. If you have more than one credit card,
2. Bank Loans
add all card balances together and enter the total amount.
Documentation of any debt may be required.
5. Education – Dependents: List the total amount of education 3. Loan Companies
debt owed for dependants. Do not include dependents’tuition
amount for the 2019-20 school year, list this amount online in
Section 22.
7. Other Debt: List the amount of debt excluding all other debt
previously listed.
4. Loans–Friends or Relatives
5. Education – Dependents
6.
4
Education – Parent(s)/Guardian(s)
7. Other Debt
SECTION 21 Contributions to Education (2019–2020)
1. How much (in your opinion) can Parent(s)/Guardian(s)
contribute toward the tuition of all dependents in this
household next year?
2. How much per year is a non-custodial parent ordered by
law to contribute toward the education of those applying
for financial aid with this form?
3. How much will any other sources contribute toward the
education of those applying for financial aid with this form?
SECTION 23 List all Dependents in the Household; do not include Parent(s)/Guardian(s)
If you have more than five dependents, please see your financial aid administrator for the
appropriate addendum forms. Definition of“Dependent”: Any child that you can claim on your
1040 tax form is a dependent. In addition, any child who is living in your household for six
months or more per year and who is under age 18 qualifies as a dependent. If you are a noncustodial parent, all children applying for financial aid should be listed as dependents, even if not
living in your household and not on your taxes. Do not list Parents/Guardians in this section.
7. Dependent Earnings in 2018: If a dependent held a job in 2018, list the earnings in this section.
Do not list Social Security income or earnings from stocks, securities, etc.
Dependent
Number
7. Dependent
Earnings in 2018
8. Dependent Current
Savings
#1
__________________
#2
__________________
#3
__________________
#4
__________________
#5
__________________
9. 529 Savings Plan
8. Dependent Current Savings: Do not include 529 College Savings Plans in this figure.
9. 529 Savings Plan: If the dependent has a 529 College Savings Plan include the
total amount saved here.
10. Amount Dependent Can Contribute: If a dependent is working or has savings, most
schools will expect the dependent to contribute something toward his/her own education. What
do you think is reasonable for this dependent to contribute?
11. Expenses – Bus, Books, Uniforms, etc.: Include expenses that the school requires you to pay
outside of tuition costs. Do not include optional expenses such as fees to play sports or fees for
other extracurricular activities, or expenses such as lunch or gas.
10. Amount Dependent can contribute to education 11. Expenses - Bus, Books, Uniforms, Fees, etc.
from earnings/savings for school year 2019-20
This is a worksheet to help prepare you to fill out the TADS Financial
Aid application and will not be accepted by TADS as an application.
Do not send this form to TADS or your school.
When you are ready to fill out an online application, go to www.mytads.com,
click on ‘Financial Aid’ and follow directions.
WORKSHEET
DO NOT SUBMIT
Contact TADS
Online Chat, E-mail, Telephone or Fax:
We are available to assist you with questions in filling out your application or to check the status of your application through the following:
Online Chat:
E-mail:
Toll-free:
Telephone:
Fax Number:
Go to http://www.mytads.com and click on the icon for live help. You will be connected to a TADS representative.
tads-support@communitybrands.com
1.800.477.8237 We are available Monday through Friday, 7:00 a.m. to 8:00 p.m. Central Time.
612.548.3320 We are available Monday through Friday, 7:00 a.m. to 8:00 p.m. Central Time.
612.548.3326
© TADS, 110 N 5th St., Second Floor, Minneapolis, MN 55403. Visit us on the web at http://www.mytads.com/